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Published on 6/27/2019 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $219,000 enhanced barrier digital notes linked to Euro Stoxx, EM ETF

By Angela McDaniels

Tacoma, Wash., June 27 – Citigroup Global Markets Holdings Inc. priced $219,000 of 0% enhanced barrier digital securities due Dec. 29, 2020 linked to the lesser performing of the Euro Stoxx 50 index and the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the final level of the lesser-performing underlying is greater than or equal to its final barrier level, 75% of its initial level, the payout at maturity will be par plus 12.7%. Otherwise, investors will lose 1% for every 1% that the lesser-performing underlying declines from its initial level.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Enhanced barrier digital securities
Underlying:Euro Stoxx 50 index and iShares MSCI Emerging Markets ETF
Amount:$219,000
Maturity:Dec. 29, 2020
Coupon:0%
Price:Par
Payout at maturity:If final level of lesser-performing underlying is greater than or equal to final barrier level, par plus 12.7%; otherwise, 1% loss for every 1% that lesser-performing underlying declines from initial level
Initial levels:3,466.92 for index and $42.77 for ETF
Final barrier levels:2,600.19 for index and $32.078 for ETF, or 75% of initial levels
Pricing date:June 21
Settlement date:June 28
Underwriter:Citigroup Global Markets Inc.
Fees:Structuring fee of up to 0.25% to selected dealers
Cusip:17326YMZ6

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